It’s Here! The Pro’s Tax Season Calendar from Knowledge Bureau

January:

• Speak to tax advisor and HR department about reducing tax withholdings at source:
  • File New TD1 Tax Credits Return with Enhanced BPA – Use TD1 Worksheet
  • T1213 Request to Reduce Tax Withholdings at Source.
• Jan 2: Make TFSA deposit for each adult in family and replenish prior year withdrawals.
• Jan 3:   CWB Advance, GST/HST Credit, CCB payment
• Jan 16:  Form T1212 - Defer stock option benefits annually if exercised before Mar. 5, 2010.
• Jan 17:  CRA EFILE and REFILE services close
• Jan 30:  Make interest payment on inter-spousal loans for immediately prior tax year.

Jan 31:  T10 PAR slip due which restores RRSP room in case of exit from DPSP or RPP

February:

• Feb 3:  CCB Payment

• Feb 7 – 10:  CRA closed for AUTO-FILL, EFILE transmission history, T1013 transmissions

• Pre-Prep Appointments - Client Documentation Review:Assemble self-reported casual income from tips, casual employment, no-slip interest income, receipts for discretionary deductions and credits
• Feb 17:Family Day in Canada
• Feb 24:CRA re-opens for EFILE/REFILE transmissions

March:

• March 2:  RRSP contribution deadline
• March 2:  T4, T5 slips due; receive enrollment notice if RRSP LLP withdrawal made in prior year
• March 3:  CCB Payment
• March 16:  quarterly tax instalment deadline
• March 31: T3 slips due, File Form T1-OVP for Excess RRSP, PRPP, SPP Contributions